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The Building Societies Association (BSA) is calling on the Chancellor to taper the end of the temporary reduction in Stamp Duty Land Tax
BSA and UK Finance joint statement responding to the announcement from the Ministry of Housing, Communities & Local Government today regarding cladding
BSA comment following the publication of the BofE Monetary Policy Report and the ‘Dear CEO’ letter from the PRA on implementing negative rates.
Further to the FCA's consultation announced today, mortgage lenders support the further extension to the moratorium on possessions to 1 April 2021.
BSA and UK Finance joint response
The latest Property Tracker survey from the Building Societies Association, reveals that consumer confidence in the housing market has slipped back after a rise following the announcement of a Stamp Duty holiday and Covid-related demand.
Released today, figures from the BSA for Q3 2020 show that building societies took a market share of 28% of new mortgage approvals in the quarter.
Banks and building societies will extend the provision of mortgage payment deferrals of up to a maximum of six months until 31 July 2021
Sam Woods speaks enthusiastically about proportionate regulation in his virtual Mansion House speech
The Government has sponsored a range of affordable homeownership products over the last 40 years with varying success.
What is needed is a better understanding of the nature and scale of the affordable home ownership ‘gap’ – taking account of house prices, incomes, the capacity to raise a deposit and attitudes towards risk of borrowers and lenders. We also need a more coherent set of affordable homeownership products.
BSA says that LSE/Martin Lewis report on mortgage prisoners takes the bull by the horns and is to be welcomed.